Hiring: Manager – Finance & Accounts (F&A)

Talent Destination; Chennai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Talent Destination is seeking a Chartered Accountant to strengthen the finance team in Chennai. The role focuses on MIS, costing, plant accounting, GST, and financial reporting within a manufacturing context.

Responsibilities include budgeting, variance analysis, month-end close, and strict internal controls. The ideal candidate has 4+ years post-qualification experience and is capable of partnering with unit leadership to optimize costs and working capital.

Qualifications

• CA with 4+ years of post-qualification experience in manufacturing finance.
• Experience in MIS, costing, plant accounting, GST and financial reporting.
• Manufacturing industry experience is preferred.

Responsibilities

• Coordinate annual budgeting and planning with unit leadership.
• Manage budget preparation, consolidation, P&L projections, and working capital plans.
• Conduct budget-versus-actual variance analysis.
• Prepare and review monthly financial MIS and working capital reports.
• Analyse cost, usage, mix, rate, and fixed-cost variances.
• Monitor inventory reporting and product-wise costing through Oracle R12 OPM.
• Ensure accurate and timely closure of monthly books and trial balances.
• Review general ledger, subsidiary ledger, provisions, and month-end entries.
• Monitor physical inventory against Oracle records.
• Review monthly Cost of Conversion (COC) reports and investigate variances.
• Recommend cost optimisation measures to the Unit Head and plant team.
• Review product costing and ensure accurate OPM module closure.
• Oversee supplier advances, payment processing, customs balances, and shared service centre (SSC) matters.

Skills

MIS

Costing

Plant accounting

GST

Financial reporting

Education

Chartered Accountant (CA)

Tools

Oracle R12 OPM

Job description

• Coordinate annual budgeting and planning with unit leadership.
• Manage budget preparation, consolidation, P&L projections, and working capital plans.
• Conduct budget-versus-actual variance analysis.
• Prepare and review monthly financial MIS and working capital reports.
• Analyse cost, usage, mix, rate, and fixed-cost variances.
• Monitor inventory reporting and product-wise costing through Oracle R12 OPM.

3. Plant Accounting & Month-End Closure

• Ensure accurate and timely closure of monthly books and trial balances.
• Review general ledger, subsidiary ledger, provisions, and month-end entries.
• Monitor physical inventory against Oracle records.
• Review monthly Cost of Conversion (COC) reports and investigate variances.
• Recommend cost optimisation measures to the Unit Head and plant team.
• Review product costing and ensure accurate OPM module closure.

5. Accounts Payable & Treasury

• Oversee supplier advances, payment processing, customs balances, and shared service centre (SSC) matters.
• Monitor cash and bank transactions, letters of credit (LCs), and bank guarantees (BGs).
• Ensure timely processing of foreign payments and accounts payable transactions.
• Monitor GST input tax credit and coordinate with central compliance teams.
• Manage GST, customs, and other regulatory notices and documentation.
• Track advance licences, EPCG documentation, and Tamil Nadu subsidy claims.
• Liaise with government authorities, banks, insurance providers, and legal consultants as required.

7. Insurance & Capex Management

• Review insurance policies, schedules, claims, and related accounting.
• Monitor capital expenditure against approved budgets, project completion, and ROI.

8. Audit & Internal Controls

• Coordinate internal and statutory audits and ensure timely closure of observations.
• Monitor Control Self-Assessment (CSA) compliance and corrective actions.
• Strengthen financial controls and ensure adherence to statutory and internal policies.

Required Qualifications & Experience

• Chartered Accountant (CA) with 4+ years of post-qualification experience.
• Relevant experience in MIS, costing, plant accounting, GST, and financial reporting.
• Manufacturing industry experience is preferred.